Report
Kristoffer Inton
EUR 100.00 For Business Accounts Only

Buenaventura Continues to See Its Equity Investments Drive Most of Its Profitability

Buenaventura Mining saw solid production growth during the second quarter, with year-over-year production gains for all metals except lead. Combined with a higher gold price, quarterly revenue grew 26% to $318 million and adjusted EBITDA including associates grew 70% to $191 million. Impressively, EBITDA growth came from improvements at the company’s direct operations as well as its associated investments. In particular, long-troubled Yanacocha saw its cash costs fall 26% due to improvements at ...
Underlying
Compania de Minas Buenaventura SAA Sponsored ADR

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Kristoffer Inton

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